New Price: Experience the refreshing ocean breeze and envision the creation of your coastal retreat on this parcel situated in the southern end of Fairhaven's picturesque Sconticut Neck. This generously-sized, corner three-quarter acre lot is conveniently located just a short distance from local beach access and the array of amenities that Fairhaven has to offer. For those seeking an exceptional opportunity, this parcel can be acquired as part of a package deal with 833 Sconticut Neck Road (MLS #73227765), presenting the possibility of more creative building opportunities. Embrace the potential of a custom-built residence with captivating water views of Buzzards Bay, courtesy of this prime location. Furthermore, the three bedroom septic design has been completed and approved, while town water is readily available at the street. For further information on how this property could serve as the ideal setting for your new seaside abode, please do not hesitate to inquire for details.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,282 | $1,250 | $1,612 |
Total Monthly Payment | $1,357 | $1,325 | $1,687 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.